Oct
Yet another sales record was broken last month. Sales volume in September hit 8200 transactions, 2.5% higher than last September, setting a record for that month. Correspondingly, the average sale price increased by 9.2% year-over-year, to $627,395. Although the number of new listings was up 3.2% last month,...
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June was another record month in the Toronto real estate market. Sales volume was up 18.4% to 11,992 transactions (over 10,132 in June, 2014), setting a new record for the month of June. Over the same period, new listings increased by 6.7%, to 17,746, but total active listings...
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May was another busy month in the Toronto real estate market. Sales volume was up 6.3% to 11,706 transactions (over 11,013 in May, 2014). At the same time, new listings slipped by 0.8%, and total active listings shrank by 10.1% to 18,585, down from 20,679 last...
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May
The Toronto Real Estate Board has reported 11,303 sales for April, 2015 - the most ever for the month of April. It's an increase of 17% over the 9,660 sales in April 2014. The number of new listings increased by only 5%. The fast pace...
Read MoreI sometimes say that finding an 'up-and-coming' neighbourhood in Toronto is hard, because most neighbourhoods have already arrived. However, I think that Birch Cliff Heights (in the north-east corner of Birch Cliff) qualifies. It's a quiet area dotted with parks, close to the Scarborough GO...
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As usual, real estate is much in the news these days. With the oil market correction, the media (and a few others) jumped all over the idea that the real estate market would - obviously! - experience a crash of some sort. The only question...
Read MoreHillcrest Village in North York was developed through the 1960s. The western part includes a beautiful development of mostly bungalows and backsplits built on 50x120 lots, which are now spotted with mature trees ranging from pines to cedars to maples. Winding roads, crescents and cul-de-sacs make for a...
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The Toronto real estate market had a great month in February. In the face of a decline in new listings (-2.8%) and active listings (-8.7%) compared to 2014, the number of sales surged 11.3%, to 6,338. Naturally, that created competitive situations for buyers. It's that...
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Over the years I have completed five transactions on Bastedo Ave, near Coxwell/Danforth. That's tied for the most I have sold on any street! Each sale had its own story: a first time buyer, an estate sale, and various move-up/move-on situations. Some of the buyers chose Bastedo...
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